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Sold for $550,000
  • $550,000

    1240 County Road 166, Elizabeth, CO 80107

    2beds
    1,618sqft
    Single Family Residence
    Built in 1955
    7.39 Acres Lot
    $581,500 Zestimate®
    $340/sqft
    $2,296 Estimated rent

    Home value

    $581,500

    $552,000 - $611,000

    $2,296/mo

    Zestimate® history
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    $2,296/mo

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    $3,172/mo

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    $3,172/mo

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    What's special

    Wide-open views
    Rare opportunity to own 7.39 acres of versatile land offering endless possibilities for equestrian, residential, or commercial use. This expansive parcel is well-suited for horses with ample space for barns, arenas, turnout, or training facilities, while also providing strong potential for a variety of business or income-producing uses (buyer to verify zoning and permitted uses). The existing home is being sold as-is and is best suited for a scrape and rebuild, giving you a blank canvas to design and construct your custom dream home, ranch, or live-work property. Enjoy low property taxes and wide-open views, making this an ideal setting for those seeking space, flexibility, and long-term value. Whether you envision a private horse property, a commercial venture, or a custom estate, this property offers the land, location, and freedom to bring your vision to life.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Blandon 720-839-7100 jennblandon@comcast.net,

    Holland Homes,

    Shaylee Holland 303-324-8474,

    Holland Homes

    Bought with:

    Other MLS Non-REcolorado

    NON MLS PARTICIPANT

    Source: REcolorado as distributed by MLS GRID,MLS#: 3033900MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Bedroom
    • Features: Primary Suite
    • Level: Main
    Bedroom
    • Features: Primary Suite
    • Level: Main
    Bathroom
    • Features: Primary Suite
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Carpet, Wood
    • Basement: Bath/Stubbed,Daylight,Unfinished
    Interior area
    • Total structure area: 1,618
    • Total interior livable area: 1,618 sqft
    • Finished area above ground: 855
    • Finished area below ground: 763

    Property

    Parking
    • Total spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered
    • Fencing: Full
    • Has view: Yes
    • View description: Plains
    Lot
    • Size: 7.39 Acres
    • Features: Suitable For Grazing
    Details
    • Parcel number: R106150
    • Zoning: RA-1
    • Special conditions: Standard
    • Horses can be raised: Yes
    • Horse amenities: Corral(s), Tack Room

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Denver Square
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Slab
    Condition
    • Fixer
    • Year built: 1955

    Utilities & green energy

    • Water: Well

    Community & HOA

    Community
    • Subdivision: Ruralo
    HOA
    • Has HOA: No
    Location
    • Region: Elizabeth

    Financial & listing details

    • Price per square foot: $340/sqft
    • Tax assessed value: $429,832
    • Annual tax amount: $1,692
    • Date on market: 2/6/2026
    • Listing terms: Cash,Conventional
    • Exclusions: None
    • Ownership: Individual
    • Has irrigation water rights: Yes
    • Electric utility on property: Yes
    • Road surface type: Dirt

    Price history

    DateEventPrice
    5/4/2026Sold$550,000-8.2%$340/sqft
    Source: REcolorado as distributed by MLS GRID #3033900 Report a problem
    3/7/2026Pending sale$599,000$370/sqft
    Source: REcolorado as distributed by MLS GRID #3033900 Report a problem
    2/5/2026Listed for sale$599,000$370/sqft
    Source: REcolorado as distributed by MLS GRID #3033900 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,692 -2.5%$28,800
    2023$1,736 -2.4%$28,800 +0.5%
    2022$1,778 $28,670 -2.8%
    2021-- $29,490 +33%
    2020$1,203 -0.1%$22,170
    2019$1,203 +16.7%$22,170 +11.2%
    2018$1,031 $19,930
    2017$1,031 -0.1%$19,930 +21.7%
    2016$1,032 +65.9%$16,380
    2015$622 -0.1%$16,380 +12.6%
    2014$622 $14,550
    Find assessor info on the county website

    Neighborhood: 80107

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Singing Hills
    • Middle: Elizabeth
    • High: Elizabeth
    • District: Elizabeth C-1

    Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $581,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $581,500